Amico A/S

A/SBankrupt

CVR 81362513Nyvej 7, 5772 KværndrupFremstilling af færdige tekstilvarer undtagen boligtekstiler og beklædningsartikler· NACE 139220Est. 1977 · 49 years old0 employees

Overview

Amico A/S is a Danish A/S based in Kværndrup, operating in the Fremstilling af færdige tekstilvarer undtagen boligtekstiler og beklædningsartikler sector. Incorporated in 1977, the company reported a gross profit of DKK 1.3m in its latest annual filing.

Gross profit 2014

1.3M DKK

−28% vs 2013

EBITDA margin (of gross profit)

−8.8 %

−123% vs 2013

Net profit 2014

-0.5M DKK

-418% vs 2013

Key ratios

See full ratios →

-10.7 %

Very weak

Among the 20% lowest rated companies in the industry

20122014

0.6×

Very weak

Among the 20% lowest rated companies in the industry

20122014

-11.1 %

Weak

Among the 30% lowest rated companies in the industry

20122014

EBITDA — year on year

DKK thousands

Key figures

Annual report 2014

Gross profit	1.3M DKK	-28%
EBITDA	-0.1M DKK	-123%
Net profit	-0.5M DKK	-418%
Total assets	4.6M DKK	+9%
Equity	-0.5M DKK	-3444%
Employees	—	—

Financial development

In its most recent annual report (2014), Amico A/S reported a gross profit of DKK 1.3m, a decrease of 28% on the year before. The figures on this page draw on 3 annual filings covering 2012 to 2014. The bottom line showed a net loss of DKK 514.1k, and the EBITDA margin stood at -8.8%.

At the end of 2014, current assets covered short-term debt 0.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2014	2013	2012
Gross profit	1,339	1,866	1,131
Staff expenses	-1,456	-1,363	-1,364
EBITDA	-117	502	-234
Depreciation & amort.	-54	78	113
EBIT	-172	424	-346
Net financials	-342	-263	-305
Profit before tax	-514	162	-652
Tax	-0	-0	1
Net profit	-514	162	-653

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Balance sheet

DKK thousands

Item	2014	2013	2012
Total assets	4,646	4,256	3,965
Equity	-499	15	-147
Long-term debt	699	822	1,346
Short-term debt	4,446	3,418	2,765
Total debt	5,145	4,241	4,112

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-8.8 %

20122014

Equity ratio

-10.7 %

Very weak

Among the 20% lowest rated companies in the industry

20122014

Return on equity

—

20122014

Net profit margin (of gross profit)

-38.4 %

20122014

Asset turnover (of gross profit)

0.29×

20122014

Debt / equity

—

20122014

Sector performance

18 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Fixed assets to long-term capitalVery weak

Among the 10% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 20% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtWeak

Among the 30% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 40% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Equity to contributed capitalVery weak

Among the 20% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


TG Torben Gormsen Kroløkke Management	Management	1988 – 2015
GA Gert Aaskov Eriksen Management	Management	1977 – 1988
BJ Bent Johannes Svaneklink Jakobsen Management	Management	1988 – 2001
KE Knud Erik Degn Audit	Audit	1977 – 1991

Board of directors

Non-executive oversight

Name	Role	Member since

Former (15)


SG Søren Goul Board of Directors	Board of Directors	1977 – 1988
BH Børge Hansen Board of Directors	Board of Directors	1988 – 2009
TG Torben Gormsen Kroløkke Board of Directors	Board of Directors	1988 – 2015
AF Aksel Frode Stenvang Board of Directors	Board of Directors	1977 – 1995
FA Folmer Andersen Board of Directors	Board of Directors	1977 – 1988
PB Peter Burkal Larsen Chairman	Chairman	1988 – 2004
VD Vivi Dalager Johansen Board of Directors	Board of Directors	1988 – 2015
CE Carsten Elo Schmidt Chairman	Chairman	2013 – 2015
GA Gert Aaskov Eriksen Board of Directors	Board of Directors	1977 – 1995
BJ Bent Johannes Svaneklink Jakobsen Board of Directors	Board of Directors	1988 – 2001
MK Michael Krongaard Mortensen Board of Directors	Board of Directors	2001 – 2003
KS Kristen Sørensen Goul Board of Directors	Board of Directors	1977 – 1995
LV Lene Vedel Jakobsen Board of Directors	Board of Directors	1988 – 2001
BH Børge Hansen Chairman	Chairman	2009 – 2013
JC Jens Christian Egelund Hansen Board of Directors	Board of Directors	1977 – 1988

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Amico A/S also hold positions in 37 other companies.

Person	Role here	Other companies
Jens Christian Egelund Hansen	Board of Directors	12 companiesMany roles
Søren Goul	Board of Directors	8 companiesMany roles
Peter Burkal Larsen	Chairman	4 companies
Carsten Elo Schmidt	Chairman	4 companies
Torben Gormsen Kroløkke	Management	2 companies
Folmer Andersen	Board of Directors	2 companies
Vivi Dalager Johansen	Board of Directors	2 companies
Michael Krongaard Mortensen	Board of Directors	2 companies
Aksel Frode Stenvang	Board of Directors	1 company

Frequently asked questions

What is the CVR number of Amico A/S?

Amico A/S is registered with CVR / Virk under CVR 81362513.

What is the gross profit of Amico A/S?

Amico A/S reported a gross profit of DKK 1.3m in 2014.

Where is Amico A/S headquartered?

Amico A/S's registered address is Nyvej 7.